Pressemitteilung/Press Release

Press Release of 26 February 2014

Persistently High Wealth Inequality in Germany

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According to current analyses based on the Socio-Economic Panel Study (SOEP), the total net assets of German households in 2012 amounted to 6.3 trillion euros. Almost 28 percent of the adult population had no or even negative net worth. On average, individual net worth in 2012 totaled more than 83,000 euros; that is slightly more than ten years previously. The degree of wealth inequality remained virtually unchanged. With a Gini coefficient of 0.78, Germany has a high degree of wealth inequality compared to other countries and there is still a wide gap between western and eastern Germany, almost 25 years after unification. In 2012, the average net worth of eastern Germans was less than half that of western Germans.

Links

DIW Wochenbericht 9/2014 | PDF, 0.82 MB

DIW Wochenbericht 9/2014 (E-Book) | EPUB, 2.07 MB

Press Office DIW Berlin

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Renate Bogdanovic+49-30-897 89-249+49-174-319-3131
Sabine Fiedler+49-30-897 89-252+49-174-183-5713
Sebastian Kollmann+49-30-897 89-250+49-162-105-2159
Mathilde Richter+49-30-897 89-152+49-172-154-0646

Press officer German Socio-Economic Panel Study (SOEP)

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Monika Wimmer+49-30-89789-251

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